Investors bailed out of positions left and right last week, as the Greek “Acropolis now” debt situation spiraled out of control. There were precious few places to hide as retail investors hit the panic button and institutional managers were forced to meet redemptions. Friday’s Facebook Inc. (FB) debut didn’t help matters any, as the well-publicized [...]
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Last week began on an extremely bearish note. As Standard & Poors downgraded the outlook for US debt, retail and institutional investors panicked and prices dropped. Initially, it looked like this could be the catalyst for the mar... Read Post
Morgan Stanley's Paolo Batori reminds investors that most emerging markets carry nowhere near the credit risk of Greece, and that despite global sovereign debt concerns sparked by Greek turmoil, there are some good deals to be found... Read Post
Due to insufficient interest in Greek debt from large institutional investors, Greece's finance minister has raised the prospect of issuing new Greek bonds directly to retail investors instead. Unfortuantely, even just the mention o... Read Post